Financial Accountant

Our client, a global services organisation is currently looking to hire an experienced Accountant to join their Insurance division

You will be responsible for applying accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure appropriate accounting control procedures

Duties

• Oversee the day to day operations and be responsible for internal as well as group reporting
• Streamlining and implementing processes and systems in order to improve organizational, operational and reporting accuracy as well as efficiencies and controls
• Ensure financial records are maintained in compliance with accepted policies and procedures
• Ensure all financial reporting deadlines are met, internal and external as well as third parties
• Ensure accurate and timely monthly, quarterly and year end close
• Compile and analyze financial information to prepare financial statements including monthly, quarterly and annual accounts
• Establish and monitor the implementation and maintenance of accounting control and internal procedures
• Resolve accounting discrepancies and irregularities
• Continuous management and support of budget and forecast activities
• Financial audit preparation and coordinate the audit process
• Ensure accurate and appropriate recording and analysis of revenues and expenses
• Responsible for assisting the accounting department, debtors and creditors
• Daily payment process
• Preparing VAT returns
• Prepare financial statements and supporting schedules according to monthly close schedule
• Monthly reconciliations and recording of transactions
• Bring to the notice of the management issues which affect cash flow, expenses and balances
• Execute usual accounting functions, which include operating the general ledger system and month-end close work
• Examine financial records, collect information prepare reports, analyzing and report variances and make recommendations
• Managing the Fixed Asset procedure, policy and process
• Complying with all statutory requirements and applicable legislation
• Compiling yearly budgets and measuring performance against it
• Preparation and handling of internal and external audits
• Assisting the Financial Controller in operational and strategic matters

Education And Experience

• Accounting degree / similar
• Knowledge of accepted accounting practices and principles
• Minimum of 3 years' experience in the management of financial systems and budgets, financial reporting, financial data analysis
• Insurance industry experience/claiims
• Preference work experience at medium size companies
• Good understanding of various accounting packages